Today, I got the status of MCTS: Microsoft Office SharePoint Server 2007 ― Application Development. This exam focuses on Application Development for Sharepoint Portal Server by utilizing enterprise features. If you are preparing for this exam then I will recommend you the book Professional SharePoint 2007 Development from Wrox publishers.

Main topics covered in this exam are:

Business Data Catalog (Definition, management etc.)

Data Connection Management, Trusted locations

Audience Management

User Profiles Management

InfoPath Form Server

Records Management

Documents Management

Excel Web Services

You will need to do hands on practice by writing code to make sure you understand object model and context management of API calls.